The Business Times, 30 January 1981
1981-01-30
1
22
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The Business Times
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Title Section11 1981-01-30 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, JANUARY SI, IWI 60 CENTS11 words
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BRIEFLY...
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Article139 1981-01-30 1 Reuter LONDON, Thurs. The price of gold plunged below US$5OO a troy ounce today, its lowest for nine months, as investors deserted the metal to seek high interest rates on the dollar and some other currencies. In hectic trading on European markets, the metal fell to $4%Reuter - 139 words
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Article62 1981-01-30 1 Reuter TOKYO, Thurs. Common Market officials today ended two days of talks on restraining Japanese exports to Western Europe, conceding that they had made little headway. EEC Commission director-general, Sir Roy Denman, said "a fairly substantial gap" remains between Japan's position and European demands that Tokyo agreeReuter - 62 words
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Article64 1981-01-30 1 AFP JAKARTA, Thurs. The sea disaster in which an Indonesian passenger ship sank on Tuesday and an estimated 467 people perished has turned into ajjolitical scandal. Communications Minister Rusmin Nuryadin was urged to resign and strong reactions in Parliament called for a thorough investigation of the tragedy. TheAFP - 64 words
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Article64 1981-01-30 1 UPI TEL AVIV, Thurs. French and Italian scientists have resumed work on a nuclear reactor in Iraq. The reactor is expected to be operational on schedule, an Israeli news report said today. "It is now highly likely that the Iraqi nuclear reactor would become operational according to theUPI - 64 words
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Article52 1981-01-30 1 HONGKONG, Thurs. China reaped its second best grain harvest last year in three decades despite serious natural disasters in some areas, the Chinese Vice-Minister for Agriculture, Mr Zhu Rong, said today. He also disclosed that China would continue all-round development of agriculture, animal husbandry and side-line occupations52 words
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Article48 1981-01-30 1 LONDON, Thurs. A strike by 1,200 London post office staff disrupted mail in and out of Britain today. The mail handlers walked off the job at railway stations and a key distribution centre after the state-owned post office introduced new work schedules to reduce overtime costs.48 words
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Article69 1981-01-30 1 AP CAGAYAN DE ORO CITY (Philippines), Thurs. Heavily armed men attacked a logging camp employing about 200 people in the southern Philippines today, killing at least 16 persons and wounding six others, a logging company official said. A radio message from the camp, 48 kms from hereAP - 69 words
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Article137 1981-01-30 1 Rises Indices Goodwood Park H Leong Credit M U I C Properties Mtfnum Corps Bowtead Oriental Hld|t PMC Perli. Plant K L Kepong Falls 1850 825 1520 520 1920 825 645 1180 785 800 250 95 90 84 80 05 05 00 40 40 B.T.IncHcator: Industrials: Finance:137 words
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Article, Illustration137 1981-01-30 1 Rises Indices Killinghall 3000 Magnum 2050 Rahman Hyd 1550 MUInd 1600 Hong Leong Credit 645 C Prop 520 Boustead 890 Oriental 675 Paramount 765 100 +90 +80 +80 +65 +60 +60 +50 +50 B.T.Index: Industrials: Finance: Hotels: Properties: Tins: Jan 28 Jan 29 *****.*****88.17 883.33 895.41 1357.16 1365.28137 words
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Article739 1981-01-30 1 LILLIAN CHEW - 50 PER CENT RISE IN PRICES By LILLIAN CHEW TENDER prices for prime commercial sites offered under the ninth Urban Redevelopment Authority (URA) sale of sites are expected to be about 50 per cent higher than the last sale nine months ago. The hottest plot739 words
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Article259 1981-01-30 1 SHARE prices resumed their climb yesterday, fully making up for the losses suffered in the previous two days. The recovery was (airly broad-based with share prices in most sectors showing net gains over the previous day. As a result of hefty gains posted by blue259 words
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Article432 1981-01-30 1 HSUNG BEE HWA - By HSUNG BEE HWA WEST German multi-na-tional Siemens AG, which has manufacturing facility in Singapore for electronic components, may soon extend its activity to the medical industry. A plant may be set. up by Siemens Medical Engineering, one of its six industrial groups, if current studies432 words
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Article333 1981-01-30 1 THE TECHNOLOGY Transfer Institute (TTI) is planning two study missions for companies and government bodies interested in learning more, about alternative sources of energy. The missions, scheduled to be in April, will each comprise 10 to 12 members. They will spend a week in Japan visiting various333 words
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283 1981-01-30 1 THE Obeni Imperial Hate! nay ihi «Her Mine af Mi aharea I» Ike pabtte aad «Mala a listlag en the Stock Exehaage tt It hi believed abeat 1« ■M— shares will be •Here* to the pabtte at a priee yet to be283 words
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490 1981-01-30 1 CHOO AI LENG - By CHOO AI LENG CITY Developments, the property arm of the Hong Leong group, is close to finalising a multi-million dollar deal with Singapura Developments Pte for the acquisition of several pieces of prime commercial and residential properties in Singapore. Negotiations for490 words
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Page 1 Advertisements
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Advertisement0 1981-01-30 1 }{=*&/<!!!**%@}\]>,*!{;/*</!]}%0 words
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Advertisement285 1981-01-30 1 Wfe have a history of making money grow jfg£ Lombard North Central is part of one of the world's largest banking XXMjJj groups and wshave a history whicHWl? 5 fi i covers more than 100 years. jC ft J r j Weofferarange of deposit Hgf' schemes which will Mmijo produce285 words
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Advertisement66 1981-01-30 1 mmm t k > k A i A SHIPPING TIMES HINTS «f a <»ml»g i Gennu «c«a«my BACKGROUND nm DILEMMAS «f ft iiwitin la IN Mtitk the qaiateaeeattal tfig to the ICB to set ap Imnaee eempak fltapprr DEVELOPER takes USA to 7 task It CROSSWORD ft, TV AND RADIO66 words
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Advertisement150 1981-01-30 1 SA u HERMES SWISS PRECISION You get more value from the Hermes 808 than any other ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the hands of a very special machine. There is no manual insertion150 words
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REGIONAL
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305 1981-01-30 2 Reuter AP CHINA'S Vice-Chairman Deng Xiaoping has said China will learn from the capitalist countries the industrial expertise needed for its economic readjustment, the pro-Beijing newspaper Ta Kung Pao reported in Hongkong yesterday. The newspaper, quoting government sources in Beijing, said Mr Deng alsoReuter; AP - 305 words
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152 1981-01-30 2 UPI MITSUBISHI Motors, Chrysler's partner in Japan, has turned down American proposals for a "joint undertaking" to bail out the financially ailing USS car producer, Mitsubishi officials said yesterday. A Mitsubishi official said a Chrysler representative came to Tokyo in December to sound out the possibilityUPI - 152 words
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Article496 1981-01-30 2 AP JAPAN announced yesterday it would "prudently" export cars to West Germany, Luxembourg, Belgium and the Netherlands In a package of measures aimed at improving its trade relationship with the European Community. The concessions, capping two days of high-level talks in Tokyo, were termed insufficientAP - 496 words
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THE REGION IN BRIEF
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Article390 1981-01-30 2 Agencies AUSTRALIAN airport technicians have voted for indefinite strikes by radar staff at Melbourne and Sydney, the country's most important airports, after rejecting a pay offer from employers. The technicians returned to work three weeks ago to enable negotiations to go ahead with the employers afterAgencies - 390 words
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Article136 1981-01-30 2 UPI NEGOTIATORS for Japanese trading bouses and oil companies are gathering in Teheran to revive long-term oil imports deals, suspended since April 1980, trade sources said yesterday. The talks by some 10 Japanese companies and the National Iranian Oil Company will begin next week, according toUPI - 136 words
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296 1981-01-30 2 UPI PRESIDENT Marcos of the Philippines, ignoring opposition demands that he step aside after 16 years in power, announced yesterday plans to hold presidential elections in May. Speaking 12 days after lifting martial liw, Mr Marcos said he wants to seek aUPI - 296 words
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Article748 1981-01-30 2 ARRIVALS Service Local Operator Nuaber Tine From PAA PA005 0030 JEKSPOHKG MAS MH601 0630 KUL SLA SQ580 710 MAA SIA SQ528 0710 DHA TMA TL341 0600 BEY/DXB SIA SQ101 0615 KUL MAS MH605 0630 KUL MAS MH621 0635 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL748 words
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Page 2 Advertisements
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Advertisement155 1981-01-30 2 fTlahe Computer Power LLJorh For Vou iBEX Made in Japan The iBEX 7000 is designed exclusively for the small businesses that constitute a new and growing market for the many kinds of personal computers that were formerly used almost primarily by hobbyists. In most cases, however, major emphasis has been155 words
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OVERSEAS
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WORLD IN BRIEF
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Article474 1981-01-30 3 Agencies A GROUP of Arab countries is circulating privately a document designed to pave the way for Egypt's expulsion from the Non-Aligned Movement. The memorandum has been submitted to a committee of the movement, many of whose members have called for Egypt's expulsion. The document, dealingAgencies - 474 words
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226 1981-01-30 3 Reuter THE EXPECTED support of Islamic countries for an Arab economic boycott of Israel is unlikely to have an immediate or significant long-term effect on foreign companies, informed Arab sources said. The move, being considered at an Islamic summit in Saudi Arabia, isReuter - 226 words
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133 1981-01-30 3 Reuter US Secretary of State Alexander Haig has criticised Israel's decision to make Jerusalem its undivided capiAt his.first official press conference on Wednesday, Mr Haig also said he felt no "sense of urgency" about the Middle East peace process but might have a timetableReuter - 133 words
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362 1981-01-30 3 NYT IN THE first official admission that West Germany's usually resilient economy is likely headed into recession this year, the Bonn government predicted on Wednesday that the economy would shrink by as much as one per cent in 1961. In the government's official annualNYT - 362 words
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Article119 1981-01-30 3 Reuter WESTERN Europe is pricing itself out of world markets and its share of world trade will fall steadily through the 1980s, an economic forecasting company predicted. The major cause of the fall is rising wage costs in Europe, Chase Econometrics said in its forecastReuter - 119 words
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Article233 1981-01-30 3 Reuter, NYT POLAND'S trade union leadership has ordered a fiveday moratorium on strike activity in an attempt to bring restive union branches under control and to allow the authorities breathing space for negotiations. But the national consultative commission of the independent Solidarity union movement onReuter,; NYT - 233 words
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Page 3 Advertisements
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Advertisement151 1981-01-30 3 The organisers of OffiW cordially invite you to an exhibition sale of antique reproduction furniture, antique ceramics, carved wood, prints, paintings and other curios at the HANDICRAFT ANTIQUE CENTRE Pte. Ltd. 889-891 East Coast Rd., S'pore 1545 (Between Siglap Market Ocean Cinema) from Friday 30th January to Sunday Ist February151 words
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Advertisement162 1981-01-30 3 OMAN UAE QATAR IRAN BAHRAIN KUWAIT IRAQ JORDAN LEBANON CYPRUS FRANCE EGYPT SAUDI ARABIA NORTH YEMEN FRENCH GUIANA IVORY COAST NIGERIA GABON ZAIRE KENYA SOMALIA i v f-# N r: m w. ■< M M C? ft 1-. I 3 v. 9- PAKISTAN BANGLA DESH INDIA SRI LANKA HONG KONG162 words
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Page 4 Advertisements
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Advertisement264 1981-01-30 4 NEC Nippon Electric Co., Ltd. Tokyo. Japan NEC PRESENTS: C&C TECHNOLOGY SINGAPORE NEC COMPUTER CENTRE. OPENING FEBRUARY Ist IN THE WORLD TRADE CENTRE. NEC is the world's fastestgrowing maker of computers and a leader in communications systems. And from February Ist, Singaporeans will have a place to get well acquainted264 words
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Page 5 Advertisements
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Advertisement174 1981-01-30 5 to NEC on the official opening of their NEC COMPUTER CENTRE in the World Trade Centre Congratulations to NEC on the official opening of their NEC COMPUTER CENTRE in the World Trade Centre C. ITOH CO., LTD. 11th Floor Hong Leong Building 16 Raffles Quay Singapore 0104 Tel: *****55 Telex:174 words
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Article382 1981-01-30 6 IT IS COMMENDABLE indeed that a property developer has seen fit to urge his fellow developers to exercise self-restraint in what has come to be a mad rush for available land. The inflationary effects of this all-out scramble for development sites, particularly those in the382 words
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Article152 1981-01-30 6 THE SUGGESTION OF a special award for outstanding export performance deserves serious consideration by the Government. However, for the idea to work, the award must be made very prestigious and internationally well-known. Like the 'Oscar', it must be promoted to such an extent that it represents something152 words
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Article, Illustration1847 1981-01-30 6 DAVID LAMBERT - By DAVID LAMBERT FT. BRITISH AIRWAYS is facing the most severe financial crisis in its history. If the present trends in its balance sheet are allowed to continue, before long the state-owned airline will collide with a towering mountain of debt.FT. - 1,847 words
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Article, Illustration2965 1981-01-30 6 WANG LOOK KEAH - SlA's current controversy with the Australian government has inevitably brought Qantas, that country's national flag carrier, into the limelight. Why is Qantas still in the red when the International Civil Aviation Policy (leap) was specially created to improve the airline's earnings? WANG LOOK KEAH examines the2,965 words
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Page 6 Advertisements
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Advertisement402 1981-01-30 6 The ASEAN Report Update Published by The Asian Wall Street Journal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within ASEAN Indonesia, Malaysia, the Philippines, Singapore and Thailand. The ASEAN region is one of the fastest growing402 words
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Page 6 Miscellaneous
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Miscellaneous1396 1981-01-30 6 wiiwvmm 11 -11-OIE CROSSWORD SINGAPORE 5 3.00 PM Openinf folowed by The Youni And The Restless 3.25 Housewives' Matinee The Woman In Black (r) 4.55 Man From UNCLE The Deadly Toys Affair (r) 5.45 Path Of The Padde Double Whitewater (Last Episode) 6.15 News (English) 6.25 Sports Parade 6.55 The1,396 words
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Article181 1981-01-30 7 EVERY cload kas Its stiver ■iff's eatsarfal pfaum aad plan for Its Singapore since had barely got off the grsaad wfcea Ike esmpaay decided U pail oat S< tkto market. Bat Mt Mtre tt had spent a tidy sum on faralakiag a spadeas, eamtortakle afflee at181 words
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Article645 1981-01-30 7 STOCK markets all over the world have shown an amazing burst of strength after the quiet holiday season last year. For the average shareholder, it's like a windfall come true, if they grasp the right moment and make the right choice, that is. But if you look beyond645 words
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Article376 1981-01-30 7 LEE YOKE MENG - with LEE YOKE MENG current HUDC list are going to re-apply on the new basis. It is even more difficult to size up the number of people who will eventually become the beneficial lot. But, regardless of the final outcome, the move brings up a thorny issue of government376 words
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Page 7 Advertisements
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Advertisement82 1981-01-30 7 G*Oman** vin TvvDitKmiSQfaiKimditkmiiig for the price of one. Carrier introduces the new Twin System Console. It's uniquely designed to distribute cool air to two rooms at once. But should you require airconditioning in one room only, you can switch off the air supply in the other. Recommended price: from $198082 words
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Advertisement87 1981-01-30 7 BELLISSIMO by DIETHELM "he ultimate in comfort m ■r m m i «*v SWISS LINE DIETHELM Bellissimo Lounge is a new addition to the Diethelm Swiss Line 2000 Collection. Based on latest upholstery techniques, it features unique flexible armrests and is available in luxurious fabric upholstery or aniline dyed leather.87 words
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RAW MATERIALS
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Article140 1981-01-30 8 THE Singapore market yesterday closed higher with February One RSS buyers quoted at 285.00 cents a kilo, up two cents from Wednesday's close. The market rose 2.25 cents during the morning session on covering demand for February and trade buying for March. Prices fluctuated narrowly during moderately active afternoon140 words
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Article135 1981-01-30 8 WHEAT futures in Chicago on Wednesday closed cent a bushel higher to unchanged. Prices settled near the middle to low side of an eight cent range. Local short-covering on general belief that Tuesday's decline was overdone boosted pricei from the start, tradgrs skid. However, continued concern over forecasts of135 words
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Article128 1981-01-30 8 SOYBEAN futures in Chicago on Wednesday closed six cents a bushel lower to up V* cent with most contracts at about 4V4 cent losses. Prices settled near the middle to low side of a ten cent range. Earlier, news that President Reagan's administration plans to review the USSR grain128 words
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Article309 1981-01-30 8 RAS prices In cents per kilo yesterday: Noon (per kilo) Close (per kilo) Buyers Int. 1 R-S.S prompt f.o.b. 282 50 Int. 1 R.S.S. February MJO Int. 1 R.S.S. March 2B7.00 Int. 2 R.S.S 387JO UK/Coat 266.50 Int. 3 R.S.S. 264.50 UK Coot 263.50 Int. 4 R.S.S. 258J0309 words
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Article102 1981-01-30 8 NOON SSI SAB 11 and SMR pricaa ymt tarda y raonanr (Carraat Mtk) ■■area (Forward Mtk) nayara auara ■ajrm Ml Jar* SSR 20 SSR 50 MKBLB (1 -too paUat) (1 -too pallet) 246 SO 242.00 246-SON 243.00N 247.00 243. SO 249.00N 245 SON SMRCV SMRL SMR 5102 words
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Article173 1981-01-30 8 CHINESE FisSaii Exchange, SUgapare, eteslag prices per lMkg jwkriay. Owl ail: Bulk fob $129.00 sellers, old drum (In second hand drum) fob $139.00 sellers, new drum fob $145.00 sellers. Cspn: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $435.00 sellers, Sarawak white pepper faq fob173 words
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Article256 1981-01-30 8 BINGAPOBE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.17, 100 per cent second class 0.97, 100 per cent third class 0.96, 25 per cent new crop no stock, B-10 per cent 0.85. THAI BROKEN: A-super 0.77, Special 0.75.256 words
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Article69 1981-01-30 8 THE STRAITS tla price la Penaag yesterday w»s aaehaaged at MS9IJ2 a Idle aad still within the latoraattoaal Tla Agreement's middle e* range d $99.11 to 74, dealers said. Lewer offerings eftin, higher everalght Leaden advices aad haying sappert (ram Japan aad lecally helped prices at this level.69 words
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Article32 1981-01-30 8 Rubber: Jan 29 Singapore: February: 285.00 cents (up 2.00 cents) Malaysia: February: 306.00 cents (up 1.00 cent) Tin: M 530.32 per kilo (unchanged) Official offering: 192 tonnes (down 84 tonnes)32 words
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Article86 1981-01-30 8 THE Malaysian Minister of Finance has fixed these rates for the period from Jan 29 until further notice: Ratter: 304H cents a kilo for RSS One; Ctpn: M 5790.00 a tonne; Pala kenel: $965.75 a tonne; White pepper: $3,790.00 a tonne; Black pepper: $2,632.67 a tonne; The86 words
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Article713 1981-01-30 8 COPTEE: Robust* futures yesterday closed the morning quiet and steady little changed from Wednesday. Turnover was 425 lots including eight options. Dealers said trading was light but well matched during with values hnUHwg around opening levels. Some switching out March into forward months contributed to the biggest end713 words
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Article115 1981-01-30 8 THE Kuala Lumpur market yesterday ruled higher mainly on covering interest and book squaring ahead of the Chinese New Tear, dealers said. Trading continued moderate with the central region gaining Mss to $1,005 and north trading at $1,007.50 (or February. The refined market remained featureless on lack of115 words
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ASIAN STOCKS
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Article513 1981-01-30 8 TOKYO SHARE prices yesterday fell sharply on increased profit-taking with fears among individual investors of possible restrictions on margin trading, dealers said. The market average lost 64.29 to 7,215.12 in moderate trading volume of 330 million shares. The Tokyo Stock Exchange index ended at 506.86, down 2.10.513 words
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Article328 1981-01-30 8 TRADING was mixed yesterday as the market drifted lower on reduced volume. There were few exceptions to a basically dull trading day. Wheelock and RDC 'A' suffered profit-taking after their recent sharp gains, closing down 15 cents and 45 cents at HKJ7 95 and 18.05 respectively. Wing Tai resumed328 words
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Article297 1981-01-30 8 STOCKS yesterday continued a tentative recovery despite unsettled conditions (or gold and bearish signals accompanying a string at profit results from leading miners, dealers said. CSR led with a 28 cent rise to A$S M but traders appeared content to let most issues consolidate around levels set in a297 words
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Article256 1981-01-30 8 STOCK prices yesterday closed slightly lower as selling pressure prevailed in moderate trading, dealers said. First Trust fen L5O baht to 64J0, Dusit Than! and South Asia Fibre one each to 182 and 87 JO and Slam Credit 0.50 to 84 baht jak a Bahts Asia Credit Asia Fibre256 words
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Article124 1981-01-30 8 STOCKS yesterday saaed as turnover ittd to Ml mOkm pesos from 12.3 mmwi dealers M Only PUtez B aad Oriental B flnMwd stronger and Basic Petroleum, Phil Overseas, Podco B and PLOT were easier while the rest were either unchavpsd or untraded. JAN 9 Aeojr Mining Pcaoa unch A124 words
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Article33 1981-01-30 8 financial timbs INDUSTRIALS y** 1 4M.4 Am M1.7 DOW JONES AVUAQl INDUSTRIALS asg*f -NLM Sg&rr SM UUUNOUNO 5"% 2$""»— .1683.40 Wmi i 1532.77 awhuuan INDUSTRIALS Sg^==a? «1.4 ALL OKDINAK1KS *SO 071733 words
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Page 8 Advertisements
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Advertisement248 1981-01-30 8 i&m. s s •~c .i W:-; OI s s •*"->£' T' x S > v>- > -V■*v l!h Its very ownership is sheer testimony to the kind of man or woman who owns one. The advancement of fine Swiss watch technology; the perfect creation of the master craftsmen —unexcelled in248 words
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TRADE AND INDUSTRY
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Article, Illustration362 1981-01-30 9 "RUBBER exports from .Singapore fell sharply in November as a result of lower sales to the 15 biggest markets. Figures from the Department of Statistics show total exports plunged to 80,253 tonne* last November, the "West since 1978. This represents a hefty 30,000 tonnes fall362 words
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Article, Illustration153 1981-01-30 9 CHASE Manhattan Bank NA recently promoted Mr Daafal Fee CMaag Kaag and Mr Fraaelt Lea Paay Heag to the post of assistant manager and corporate relationship officer. Mr Foo is an accountancy graduate from the University of Singapore (1978) and hag a diploma in hanlring from the153 words
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Article359 1981-01-30 9 n r SEMINARS AND COURSES Jan »31: S.T.E.P. (Quality Control) Circles, Holiday Inn Hotel, Singapore Institute of Standards and Industrial Research/Singapore Quality Reliability Association/Association of Electronic Industries, Singapore Jan 29-30: The Psychology of Winning, SIM Conference Room (3rd floor, Thong Teck Building), S'pore Institute of Management Jan 29-31:359 words
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Article, Illustration95 1981-01-30 9 AMERICAN Express Card has picked Roger Wong from the sales division of its Malaysian office as its best salesman of the year (or 1960. The first prize of $3,000, a plaque and certificate of merit were presented to Mr Wong by Mrs Rozwadowsld, wife of95 words
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261 1981-01-30 9 RICHARD SEAH - By RICHARD SEAH A BELGIAN company has suggested that the Government introduce a special award scheme for local manufacturers with outstanding export performance. LVD, a Belgian manufacturer of metalworking machinery, was given an award by the Belgian Ministry of Foreign Trade for its261 words
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247 1981-01-30 9 CORRUPTION is the main cause binding the Third World to its underdeveloped status not the lack of aid from the developed countries. This point was made by Mr Leonard Rayner yesterday afternoon in a talk to members of the Rotary Club of Singapore-West at their247 words
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Article150 1981-01-30 9 A LOCAL shirt maker, CYC Shanghai Shirt, has accepted the 1900 National Wages Council recommendations in full, including the second-tier increment. It has implemented the recommended $33 plus 7Vt per cent increase since July 1980, and recently concluded negotiations on implementing the secondtier increase for its150 words
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300 1981-01-30 9 HOLIDAY-MAKERS accounted (or the bulk of the 111 per cent rise in the number of visitors in November over the month in 1979. Of the 224,756 visitors who csme to Singapore in November, 63 per cent was on holiday, 12.7 per cent came on300 words
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Article432 1981-01-30 9 LILLIAN CHEW - By LILLIAN CHEW FOURTEEN management consultants from the National Productivity Board are now on a one-month course learning the techniques of spotting and developing managerial talent. The NPB is introducing the 'assessment centre method' in Singapore because it feels that a method to help local432 words
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Article171 1981-01-30 9 A DUTCH company has received several enquiries about the feasibility of setting up a Joint venture factory to produce steel scaffolding in Singapore. Stampwerk, which received 15 enquiries at its stand at the Holland 'Expo, has short-listed the offers to three. H. B. van Eeken, the company's171 words
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Page 9 Advertisements
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Advertisement163 1981-01-30 9 Leader... page ,W>v nhr tn Time* mm am/ eri 4! tvvun frrr Subscribe to Business Times directly and save $25 (It's like getting 41 issues free) Here's a great opportunity for you to join the increasing number of Business Times readers who subscribe directly to us. If you subscribe now,163 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article239 1981-01-30 10 JAN 28 Frs CORBEILLE Air-Liquide 471 1 B S N Gervais Danone 1000 19 CSF (ThomsonCsf) 359 unch Cie Francaise lies Petroles 21X90 1.5 Compagnie Financier* Compagnie Generate 710 *2 Credit Foncler De France 409 ♦8 Hachette (LiDrairie > 357 10 Machines Bull 54.10 0J Michelin (B) 628 +3239 words
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Article204 1981-01-30 10 JAN 28 Dm Aet-Teiefunken a MB Akzo 1500 -0.4 Allz Letter* 1080 00 10 Alii Vers ***** 1 BASF ***** -05 Bay H T Whank moo unch Bay Vban It *****B Biytr 108. K) -02 BBC 258 00 -1 BMW ***** Casaella ***** -05 Chem Ver* ***** unch Commerihank204 words
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Article96 1981-01-30 10 JAN 28 Fr» FORWARD MARKET Acec 275 -4 Arbed 1060 -24 Astur 383 4-1 Braise an 4 12 Bru-Lamb 902 42 Canpac 1144 4 40 Cock IT? -8 De Beers 290 uneh Ebei 1600 -20 Eiectrobel 2980 -45 Gb-Inno-Bm 1985 unch Ger 1294 44 Hobok 2570 unch Petro 502096 words
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Article184 1981-01-30 10 JAN 28 n» AftN moo -2 Ahold 68 30 -02 Akzo 1640 -03 AMFV 93 40 til 116.50 -02 Amr^nK MOO -08 18.50 0.3 Berk 4500 15 Bols S3J0 -0-3 Borsumij 214 00 1.5 Burhmann 5SJ0 01 Byenkorf 37 00 -09 Ciland 30.30 0.7 Calve Delft 111.00 4 Deli184 words
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Article190 1981-01-30 10 JAN Francs Actions Suisses Alusume Br Alusuuse Re* 293 1005 432 unch unch *2 Brown Borer 1 Br I34S CibB Geig> Br. 1005 CiDa Geigy P C 710 Ciba Geigy R*J 500 Credit Suisse Br 2650 Credit Suisse Rr» 456 *10 25 10 4 45 1 Elektrowatt Br George190 words
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Article105 1981-01-30 10 JAN 2ft Lire 100 1.1 Assoc Gen *****0 -1510 BaMogi f 804 *19 Central* ***** 1720 Flat 2350 19 F insider 64 unch Gen Immot) 2S29 -4 IFI Pn 5200 -5 Italcementi mm 1MB IUlfas 1740 unch ILalsider 299 .SO -0 25 Magnet: M Pf 630 19 Mare III105 words
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Article182 1981-01-30 10 jan a CS AblUCu 22'; A Iran 38 Alfnm.i 41'. Bank Mont 3* Bank Nova Scotia 32 Bell Tel Beui Corp BP Can Ud m, Braaran M. unch Camp Red Lake M Can Imp Bk 28 Canpar 41'. Canpar In» Pf 20 Carltnc O'Keefe unch Cominco •7 Com Bath182 words
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Article316 1981-01-30 10 JAN 28 Rand INDUSTRIALS A Alpha 3806 285 Aberrom -5 AE And CI 775 unch AMIC 2300 unch Barlows 1000 10 Cg Sugar CNA sao *10 Currif f inance 200 unch Or Brfn In<3 ***** Edcon 6108 Edgars ***** unch Evrmdy Ted Volk 460 S Kugit 230 unch Gardian316 words
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Page 10 Advertisements
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Advertisement545 1981-01-30 10 :%<|\?\}('<"}}"&$<><=%\@?>|~+?, Where to wine, dine and entertain f*iliiu JAPANESE RESTAURANT For sushi. For teppanyciki. For other authentically Japanese delights. )f\'H </<i:!i 12 tu >< >r V p 11 ,'•>'() n '>; 1( ),•>()[*> for reservations call /3/ 96 i w s I ')llk "I'l 111 »l I *">i I >AiH|545 words
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Advertisement134 1981-01-30 10 V This is Thai Seafood at its authentic best. So freeh, it could have been alive 15 minutes before coming to your tabic It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen. Siamese Seafood Restaurant UUjRI rSIB Ox ley Rise/Penanfl Road, Singapore 0923134 words
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BANKING AND FINANCE
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Article122 1981-01-30 11 THE US Treasury Department will have to borrow a record U5535.9 billion during the first three months of this year to help finance its operations. Only three months ago, the department had predicted it would need between $18 billion and $22 billion for the quarter. Inflation122 words
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Article66 1981-01-30 11 THE Inter-American Development Bank is expected to sign a contract in Tokyo today to borrow 15 billion yen from a syndicate of Japanese city banks, long term credit and trust banks, and life-insurance companies to be managed by Bank of Tokyo. The loan will be for 20 years66 words
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Article, Illustration345 1981-01-30 11 FORWARD Oversea Credit Limited (FOCL) yesterday signed a contract with Alternated Systems for the Installation st a Digital PDP computer system. Ike system Is expected to cost $2St,MO by the time It becomes tally operational next January. This will iaelade both hardware, ssftware aad other related costs.345 words
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Article154 1981-01-30 11 Bu\NCA Commerciale I taliana (BCI) has received approval from China to open a representative office in Beijiis. *BCI is among a small select group of prime international banks, such as the Bank of Tokyo, Export Import Bank of Japan, First National Bank of Chicago, C&ase Manhattan, Midland154 words
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Article35 1981-01-30 11 MARINE Midland Bank cut its broker loan rate to 19Vi per cent from 20Vi per cent, effective immediately. Just before that, the bank cut its prime rate to 19per cent from 20 per cent.35 words
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196 1981-01-30 11 A US$25 million Eurodollar loan agreement was signed here on Tuesday between the Sri Lanka Cement Corporation (SLCC) and a group of 10 international banks representing eight different countries. Guaranteed by the government of the Republic of Sri Lanka, this loan is led jointly196 words
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Article772 1981-01-30 11 JAN 28 USS 51' 1'. Addressograp.i Alrco Inc 13' 32 Alieghcii) Lud A1IM ("hem Cp 38 49 21'. 4 unch AUI»4:halmrr>. 33 i SO unch 9 unch Am Brands Inc 76 27 30 Am Cyanamid Am Elec P»r Am Express Am Home Prod Am Motors Cp Am Natural772 words
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Article346 1981-01-30 11 Reuter JAPAN and Canada have agreed to permit the opening of branch offices or locally-incorporated branches (or seven banks each by end-1983 following the enforcement of the new Canadian banking law last month, Japanese Finance Ministry officials said. Under the agreement, reached at talks here betweenReuter - 346 words
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Article87 1981-01-30 11 Reuter WEST GERMAN teaks are ready la prtadpie to flat are part af the ptiaaed gat pipettae prajeet to brlag Saviet gaa to Western Earape. Deatache Baak AG «aid la a statement iasoed Mm direct aegetlatleas aa Wedaeaday with a delegattoa tram the Saviet Uatoa thatReuter - 87 words
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Article324 1981-01-30 11 NYT THE DUTCH government is expected to continue to make large-scale borrowings on the country's capital market this year, at least equal to the record sums raised in 1980. Net capital market borrowing by both central and local government will amount to 5.5 per centNYT - 324 words
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Article408 1981-01-30 11 ALVIN TAY - By ALVIN TAY THE INDUSTRIAL and Commercial Bank (ICB) has received the greenlight from the Hongkong authorities to 9et up* an insurance company in the colony. This will be the bank's second venture in Hongkong. In August last year, it established a wholly-owned finance subsidiary,408 words
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Article361 1981-01-30 11 UPI THE JAPANESE Finance Ministry is seeking a legal revision to empower quasiofficial corporations to issue yen-denominated foreign debentures. The measure, which was requested earlier this week and is likely to be passed by Parliament during the current session, is aimed at diversifying fund procurement by theUPI - 361 words
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MONEY AND EXCHANGE$
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Article471 1981-01-30 11 THE US dollar remained firm on the Singapore market yesterday, strengthening against all major crrncies. The US dollar opened at 204.00 against the yen, but lost some ground when the Tokyo market cairfe in at 203.78/88. But the dollar rallied to clo6e at 204.20/40. Starting at 2.4080/00 against471 words
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Article231 1981-01-30 11 THE dollar yesterday firmed above 2.06 marks in quiet early trading after opening at 2.0765/75, dealers said, as demand for the dollar remained strong even though dollar interest rates appeared to be easing slightly. Trading should become active and heavy as the day progresses, they said. Later, reacting to231 words
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Article22 1981-01-30 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.5 per cent.22 words
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Article197 1981-01-30 11 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Jan 29: 7 days 1 month 2 months 3 months 0 months 9 months 12 months US Dollar*(Spot) Offer Bid 18 IT'. 17 15/16 17 13/16 17 IS/16 17 13/16 18H 18V. 17 16% 16 1SH IS IS/16 IS197 words
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Article48 1981-01-30 11 RANGE of prk *s often id by d rv.* •H count houM ao Overnight TV, Call deports: 3-month Treasury bUU 3-month Jan 29: i* •H«to Closing T Bank bills 14 3/16 14 1/1« 3 months CD UH 12 0 months CD 11 11H Source: National Discount Co48 words
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Article39 1981-01-30 11 FRANKFURT exchange* closing quotes on Jan 29: US-2.0770/« Stg 5.003 013 Can L7313/37 D Fl 92.06/1« S Fr 110.54/17 Lit 2.107/11 F FT 4137/43 N Kr 38.60 O B Fr (cob) —4.237/« B Fr (On) 4.222,232 Ym L«W/SU39 words
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Article273 1981-01-30 11 SINGAPORE gold futures yesterday closed sharply lower compared with overnight levels in moderate trading, dealers said. Opening prices were marked down sharply between US$l7 to $20 an ounce following the metal's sharp decline in New York overnight and thereafter the market fluctuated marginally throughout the session, they said. Total273 words
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Article112 1981-01-30 11 THE US dollar yesterday firmed against the mark in quiet late trading. It rose on early European buying to 2.0610/30 marks from an early 2.0764 69 and 2.0775/85 in New York on Wednesday. The bullish tone from Europe surprised some Asian operators who had taken short positions earlier yesterday.112 words
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Article44 1981-01-30 11 Tms New York L3 40B 13 SOB 13 80S 13 90S Zurich 13 SOB U40B 13 90S 13.80S ILiyl Singapore illrl 13 25B WW 13 SOB 13 65S 13.90S Closing prices in US dollars a troy ounc e. Source: Credit Suisse, S'pore.44 words
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Article100 1981-01-30 11 THE dollar for overnight delivery yesterday closed at 203.80 yen, compared with a 204.00 opening here, a 204.65/80 close in New York and 203.40 here on Wednesday, dealers said. Trading was moderate, with volume US$9l3 million. The market calmed in the afternoon, with the dollar fluctuating narrowly be- tween100 words
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Page 11 Advertisements
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Advertisement153 1981-01-30 11 APPOINTMENTS 7/: l: lll' SENIOR MANAGEMENT POSITION preferably in General Management sought by professionally qualified Malaysian Chinese in mid 30s with extensive management experience in the following fields: 1) Traditional and Direct Marketing Methods. 2) Personnel Management and Training. 3) Corporate and legal Administration. Would very much like to commence153 words
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Advertisement90 1981-01-30 11 ©Sherpa thetough dependable companion for your business High G.V.W. (2540 kg) for heavier load. Solidly built for all round safety. Built to European specifications to last longer. Reliable low maintenance costs. Choice of petrol or diesel engines. Think long term invest inn Sherpa 1 v Sherpa Van Sherpa 12 seater90 words
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1929 1981-01-30 12 BID and offer prices officially listed and business in and reported to the Stock Exchange at Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Aeai (3.405)1,929 words
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Article179 1981-01-30 12 SINGAPORE UNIT TBIUT OUB-MONTAGl (Mutim 1 prises hriul) IMm|iii' prim i tar Ju M) The Commerce 3.52 370 L'nion Spore Fund 145 1J0 The Savings Fund S pore Prog Fund 110 152 2.21 1.00 INCOMK BOND UNIT S pore Sec Fund S pore Invest Fund 2.30 1« 142179 words
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Article2791 1981-01-30 12 Gr'» Gr'» Net 1980/1981 Last Div Div Yld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Ac ma 336 2 15.0 2.8 4.4 135 1 336 336 300 220 Alcom 300 12.0 2-5 4.0 17.0 155 1162,791 words
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Article2105 1981-01-30 12 BID and offer prices officially listed and business Mn and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. MHOTBIAIJ IJMW» (3.028) Ucm (2 MB) (2) 2.84 A Ckae (1.538) xd2,105 words
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Article, Illustration672 1981-01-30 12 BUYING laterest was weU sastolaed at toe fltogipsrr stock aartrt yesterday as share prices etoeed Una at U.kaa I l_ Iwwvß» ly frm WedMMUy's iMt eV6fy Hds was reflected la the wide spin tisai s( tradlag eeveriag the Mae chips, the lewer-llaers, the heavyweights aad the "shell"672 words
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Article580 1981-01-30 12 THE bulls returned in vigorous trading to push share prices substantially higher yesterday. Sentiment ruled strohg throughout the day with the market having apparently discounted most of the current bearish factors. The sharp run-up particularly in industrial stocks, propelled the widely followed New Straits580 words
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COMPANY NEWS
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275 1981-01-30 13 LARGELY due to a landslide in the final quarter of last year, Idris Hydraulic Tin has reported sharply lower earnings of £196,000 for the year ended Dec 31, 1980, against £551,773 previously. The landslide, which resulted in the death of one employee, caused loss275 words
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Article154 1981-01-30 13 THE rate of interest on the US$4O million Afrleaa Development Baak floating rate notes due 1983 has been set at 17 7/16 per cent for the six months from Jan 30. The coupon amount payable at the end of that time will be U5J87.67. THE stock exchange has154 words
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Article586 1981-01-30 13 THE CITY STAFF - By THE CITY STAFF HONG Leong Industries (HLI) has unveiled its diversification and expansion programme which will take it in the next few years even deeper into constructionrelated areas and enhance its role as the manufacturing arm of the group in Malaysia. The programme includes586 words
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Article534 1981-01-30 13 NYT LEGISLATION intended to keep foreign investors from bypassing the Federal Reserve's margin requirements when they borrow abroad to buy shares of American companies was introduced on Tuesday in both houses of Congress. The bill, sponsored by key Republicans and Democrats and given reasonably good chancesNYT - 534 words
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Article290 1981-01-30 13 Cirreit Ex Baaka Date Tate! far Tatelfsr Payment Date Claae PayaMe the year Prevtau year Allied Ckw 4%TE Jan 19 Jan 24 Jan 30 4%TE 3%TE Ayer Malek 30%<f) Jan 30 Feb 15 Feb 26 30%(f) 25%(g) BerJuUl 40%1 Jan 5 Jan 15 Jan 30 40% 85% C*C290 words
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Article327 1981-01-30 13 CMipuy Particulars Ex Date B«*ki Close Atnu Proposed rights issue of 1 for 4 <& $2.80 per share NY A NYA AICMD Proposed rights issue of 2 for 1 fe $1.70 per share NY A NYA API Proposed rights issue of 1 for 1 CMC (g, $1.00 per327 words
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330 1981-01-30 13 Reuter PRESIDENT Reagaa's promised economic policy appears to be havtag a significant impact on the tnvestmeat strategy taklag shape far the coming year. With Mr Reagaa's policies expected to take aa a distinctively an ti-Inflationary posture, seme Wall Street aaalysto are eaeearaglag investorsReuter - 330 words
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Article223 1981-01-30 13 AFP, Reuter HONGKONG Lud C« has made four key appointments within the group. Mr Bill Wavish moves from Dairy Farm to Hongkong Land with group responsibilities for strategy and is appointed general manager, corporate planning. Mr Mark Boy land, currently executive assistant to the managing director, will moveAFP,; Reuter - 223 words
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Article517 1981-01-30 13 wm by HOCK LOCK SIEW ALTHOUGH much of the feverish excitement over SPP Ltd seen recently has cooled down, investors should not interpret this as a lull period before its share price takes off again to unprecedented heights. The erratic fluctuation of the share price during the pastby HOCK LOCK SIEW - 517 words
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Article108 1981-01-30 13 TIMES Pabllsklag Berkad: EOGM to be held at Supreme House (11th Floor), Penang Road, Singapore, on Jan 30 at noon. THE Straits Times Press (lfU) Limited: EOGM to be held at Supreme House (11th Floor), Penang Road, Singapore, on Jan 30 at 12.30 pm. CYCLE aad Carriage Limited:108 words
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Page 13 Advertisements
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Advertisement63 1981-01-30 13 EFFECTIVE JANUARY 30,1981 THE NEXT SIX MONTH'S INTEREST RATE FOR THE US$lO,OOO,OOO THE DAHCHI KANGYO BANK, LTD. NEGOTIABLE FLOATING RATE CERTIFICATE OF DEPOSIT DUE JULY 30.1982 SHALL BE 17 11 ie p a. REFERENCE AGENT: MORGAN GUARANTY TRUST COMPANY Of NEW YORK SINGAPORE OFFICE REFERENCE BANKS. BANK OF AMERICA NT63 words
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Advertisement238 1981-01-30 13 Outstanding in any company. The Ford Granada 2.8 Ghia. The Granada Ghia is Germany's contribution to the prestige Ford fleet. The luxury car that has taken Europe by storm. A car with 2.8 litres of power lurking beneath its bonnet. Beautifully appointed throughout, skimping on nothing, in the style that238 words
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260 1981-01-30 14 THE Asean Chambers of Commerce and Industry (ACCI) has formed a special committee to review its role in regional trade promotion and also its trade ties with non-Asean countries and groupings. The committee comprises more than 10 members who will meet for the first260 words
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Article428 1981-01-30 14 AGNES WEE - By AGNES WEE A REAL estate developer has questioned "the wisdom of continuing the system of open bidding for land" in the series of sale of sites by the Urban Redevelopment Authority (URA). *Mr Ho Kok Cheong, a committee member in the Real Estate Developers428 words
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277 1981-01-30 14 THE Ministry of Education will give the public an insight into the working of the new education system at primary and secondary levels tonight. A special programme, prepared by Dr Tay Eng Soon, Member of Parliament for River Valley, and Dr Ow Chin277 words
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Article780 1981-01-30 14 LONDON, Thurs. Trading quietened this afternoon and government bonds and leading equities finished with small gains, dealers said. At 3pm, the Financial Times index was up 3.9 points 463.3. A flurry of activity ahead of the weekly minimum lending rate announcement pushed government bonds as much as Vt780 words
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Article80 1981-01-30 14 AP NEW YORK, Thurs. Stock prices edged lower this morning in sluggish trading activity. The Dow Jones average of 30 industrial stocks (ell 2.06 points to 940.53 in the first hour, adding to a 6.91point decline' yesterday. Losers out-numbered gainers 3 to 2 among New YorkAP - 80 words
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233 1981-01-30 14 Reuter VIETNAM and its Indofhiwa» communist allies have mounted a fresh diplomatic offensive within South-east Asia, which is bitterly split over the Vietnamese occupation of Kampuchea. The foreign ministers of Vietnam, Laos and Kampuchea ended a two-day meeting in Ho Chi MinhReuter - 233 words
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Article620 1981-01-30 14 BIGGER BITE OF MARKET Reuter OPEC plans to refine much more of its own crude during this decade and to take a larger slice of the world market for processed oil products. A study by the research unit of the organisation's secretariat, issued inReuter - 620 words
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187 1981-01-30 14 AFP IRAN used part of its assets, unfrozen by the United States in exchange of the release of 52 American embassy hostages, to repay most of the Eurodollar loans amounting to about US$6BO million it had borrowed for a Japan-Iran huge Joint petrochemicalAFP - 187 words
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Page 14 Advertisements
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Advertisement162 1981-01-30 14 ALUMINIUM PICTURE FRAMES 1 A \S V -S V > Local manufacturer heeds distributors for Singapore, Malaysia and other European countries. Enquiries to: VVilac Private Limited 88, Block 531, Upper Cross Steet, Singapore 0105 Cable Address VERYSTRONG IS* > From our Ivory Room Since 1918, the Kwok family has catered162 words
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Advertisement0 1981-01-30 14 +/<"_{+;~@:}@>.+$]:{;})+.%.{*&<0 words
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Advertisement103 1981-01-30 14 NOTICE This announcement appears as a matter of record only. f"). 7^a P.T. RATU SAYANG INTERNATIONAL JAKARTA U5522,500,000 MEDIUM TERM LOAN UNITED CHASE MERCHANT BANKERS LIMITED UNITED OVERSEAS BANK LIMITED as managers THE DEVELOPMENT BANK OF SINGAPORE LIMITED STATE BANK OF INDIA, SINGAPORE BRANCH asco-managers Provided by AYALA FINANCE (HK)103 words
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Page 14 Miscellaneous
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Miscellaneous59 1981-01-30 14 urgswrati Outlook for Singapore from a.m. to 1 p.m. today: Mainly fair. Report for 24 hoars prior to 7.31 p.m. on January a at the airport. Maximum temperature 32.6 Associated humidity 53 Minimum temperature 22.5 Associated humidity 93 Hours of sunshine 8.15 Rainfall in millimetres 17.1 Total rainfall for the59 words
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SHIPPING TIMES
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287 1981-01-30 15 Reuter A NEW organisation to investigate marine frauds around the world will be holding seminars on its work in Singapore, Hongkong, South Korea, Japan and Australia in May. The organisation, International Maritime Bureau (1MB), was formed on Jan 1 by the InternationalReuter - 287 words
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619 1981-01-30 15 JAN LEE - By JAN LEE THE Tor Scandinavia, recently in Singapore for the Holland Expo 11, will be used as a venue for more floating exhibitions later this year and in early 1962. Five such fairs covering various fields are being planned by the619 words
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PORTSIDES
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Article107 1981-01-30 15 Reuter THE Belgian Shipbuilding Corporation will supply the engines and components {or 12 Indonesian-made fast patrol boats over the next two years. An agreement on this was signed between representatives of the Belgian Shipbuilding Corporation and the Surabaya naval shipyard in east Java, an Indonesian spokesman said. TheReuter - 107 words
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Article29 1981-01-30 15 UPI TURKISH authorities closed the Dardanelles Strait to shipping on Wednesday following a drop in visibility and generally poor weather in the area, officials said. UPIUPI - 29 words
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Article64 1981-01-30 15 AFP THe state-owned Shipping Corporation of India (SCI) proposes to invest 8,080 million rupees to buy 47 ships during the next five years. The investment programme, which is expected to cost 5,900 million rupees in foreign exchange, will add 2,077,00 dwt to the existing fleet.AFP - 64 words
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Article58 1981-01-30 15 AP TWO Philippine crew members of the Greek cargo vessel Arietta Gregos were pronounced dead when the ship pulled into Cadiz, Spain. Issagani Lopez, 26, and Reinaldo Cameras, 25, died from injuries sustained as the scaffold where they were working caved in and they fell into a holdAP - 58 words
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Article714 1981-01-30 15 ShipptagLlae Page CM Adriatic AIM Afro-Eurasia All trans mm Angfcutan Angonave ANL An tali APL Amaii Ocean Asia Merchant Bait-Orient Bangladesh Bank Line BBS Ben Use Ben Ocean Ben Asia Ben bulk Bintuhi Blue Diamond Blue Funnel Blue Star Burmese CAVN-FMC CCN1 Ceylon Shpg China Nav China714 words
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Article915 1981-01-30 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Medlterranea 36/213 30.1.81 1100 Harper 50 TT China Container 9E 30.1.81 1400 Jardlne TA 3 TT Takarl II 22S 30.1.81 1500915 words
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Article1373 1981-01-30 16 BROKERS reported very dull chartering in all sectors of the freight market on Wednesday with fresh business very slow to emerge. Time-charterers arranged a 31,000 with Gibraltar delivery for a US Gulf round voyage at US$lO,5OO daily while $7,000 daily was agreed for a 14,000 tonner from Le1,373 words
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709 1981-01-30 17 NYT NOT too many years ago it looked as if ships would die out as a mode of transportation. As a means of crossing the world's oceans, they have practically faded away, but as a way of enabling travelers to enjoy a cruiseNYT - 709 words
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Article397 1981-01-30 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Anchan (0600 after Trieste) 3/4 Chie Maru (Tanker) (after Bowoon No. 5 P/O Subject Gas Free) 15/16 Dong Yun (1500 after Daitoku Maru No. 31) 44 Jenson (after Equator) 22 Kota Bali (Passenger) (1400 after Kota Bahagia) 10/11 Kimanis (2300) 20 Perak397 words
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215 1981-01-30 17 WITHIN the course of 1981, Norway will become the first country in the world to make compulsory the use of floating emergency radio transmitters on board vessels belonging to the merchant marine and the fishing fleet. The transmitters will be attached to the mast215 words
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1132 1981-01-30 21 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN1,132 words
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Article618 1981-01-30 22 THE FREIGHT market for most types of vessels is very active in the South-east Asian region. Tugs and harges are particularly jwd/tiwg a very competitive position in Asean. This is because liners are unable to obtain a quick turn around in congested Asean ports. Tugs and barges are618 words
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634 1981-01-30 22 AP AT LEAST 521 people yesterday were believed to have perished in the biggest sea disaster recorded in Indonesia so far when a passenger ship sank in the Java sea, near the Straits of Makassar. More than 24 hours after the Tampoaas 2 wentAP - 634 words
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Article434 1981-01-30 22 AP HONGKONG'S world-re-nowned tailors are going to sea oo the luxurious passenger liner Queen Elizabeth n in a unique bid to float some new business. Armed with tapemeasures and clothing samples, three of this British colony's leading tailors will board the Queen Elizabeth nAP - 434 words
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Page 15 Advertisements
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Advertisement405 1981-01-30 15 Scan Dutch V Our last loaders before Chinese New Year: To Europe Bunga Permai eta Singapore 27/1/81 Nedlloyd Delft eta Singapore 3/2/81 For more information, see Page 5 y Orient Overseas Co*ticu*teA. Line M E3 PK«im» Spore Sailed Wi Port 13/2 15/2 19/2 21/2 25/2 27/2 3/3 5/3 1 «/3405 words
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Advertisement277 1981-01-30 15 fiS'le *51 UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI PURPOSE SERVICES iI 1 i 4il .1 11 t I.'il*lk BfeaktK* Kuwait (2/4) Shuaiba (5/4) Oammjm (8/4) Abu Dhabi (11/4) Doha (14/4) Ouba (17/4) FULLY CONTAINERISED SERVICE esset ALFAR ¥.21 Loading for Dubai (tilt) Ku«ait (23/2) Damnum (27/2). Mm Qaboos277 words
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Advertisement519 1981-01-30 15 Nedlloyd Lines w wU» IOTI iO®CJ*'l DviQTv wiPiwW TW< To Wast Africa NedHoyd Mo* eto Singapore 2/2/81 To Australia As»on Pearl eta Singapore 2/2/81 For more information see Page 5 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Kelang Ptntnj Saied 31-1/2 74/2519 words
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Page 16 Advertisements
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Advertisement970 1981-01-30 16 mac am MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Frew Europe Contain* Umci To Eiwpe feetfec *P Kelang Vessel S pwe 1) MseiHes 2) torn. 3) ITbbrg 4) Gtarg B970 words
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Advertisement319 1981-01-30 16 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA PI I*l kta ttTOPI CM MM SMk Out* hn H T«t NvMk Ma una mdcstkus 3-V2 n/i 4/4 4/4 7/4 5/4 u/4 iv« u/4 21/4 m wmu ni/t ic-17/2 17/s 22/3 24/3 zvi 27/3 »/J J/« UHJ KBDB319 words
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Page 17 Advertisements
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Advertisement592 1981-01-30 17 "3» xx\e rrffe v .-aVP** a A® «s>^ STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas u B B Containers Limited Weekly service to/from UK/Europe CiUfcwrihlp Sorvico To/Fraat Banckok fpn PJMvv D'aurt Ona K'wwf La Have Oaartdv 3FA 23 FA (24 FA) »FA (24 FA) ■mm 7FA592 words
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Advertisement394 1981-01-30 17 rfe* Franco Belgian Services 'y r y>i h'• -ch V, n I,; I'h Iu tnr. t r y r*: foi contacts* sar*a ma fmw '<■ HWj BKnw Iwi la Haw* PJMmi S>n Ila sha tt» Jla II In SAA I* P*rt 11 t" Ila J tan 12 la 14 la394 words
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Page 18 Advertisements
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Advertisement848 1981-01-30 18 Hapag-Uoyd TO **TH EUWff Benalder Be«a»on Osaka Ban El* Mara Beoattow Nmom| Express TO MEttTEIRANEA EXPORTS I Rdam Antwerp 25(7 1/3 ft/3 11/3 15 3 23/3 TO WORTH EUKOft/MEDfTEWUICA/ Bertram Rickmers kbi Rickmers Spore 7 2 27 1 6 i Le Hanre (28/2) 3/3 1/3 13/3 17/3 25/3 Pen Bilbao848 words
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Advertisement488 1981-01-30 18 KOREA SHIPP,NG LINE HIPPINI CORPN f. Kcfanf PENANG STORE VEGAIS7W 2-5 March 27/2-1/3 2-5 March FROM BUSAN BANGKOK VEGA 15tt 2-5 March 27/2-1/3 2-5 March TO BUSAN ALTAJR 161W 5-1 March 9-12 March 13-16 March FROM BUSAN BANGKOK ALTAM 162E 5-8 March 9-12 March 43-16 March TO BUSAN KSC KSC488 words
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Advertisement625 1981-01-30 18 EVERGREEN LINE FAR EAST EUROPE EXPRESS FUIL CONTAINER SERVICE ACCEPTING CARGO FOR HAMBURG FELIXSTOWE. ROTTERDAM ANTWRP IE HAVRE ALSO ACCEPTMG CARGO FOR uNgED mum SOUTHAMPTON LONOON. MANCHESTER BIRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM Spart M Hamtw| Mttrtfan Fffailwt Antmrp Li four iMrlvft 4/12 15/07 20/02 20/02625 words
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Advertisement573 1981-01-30 18 mmmk If* Burira Fivt Star Shipping Corpn. 'BURMESE NATIONAL LINE" LOADING FOR RANGOON B F SS C Aaenti r\ Mokjyvo BOUSTEAD SHIPPING TEL NOS KL *****2/*****9 NavHWCMH lntarcontiiMfital S. A. C.I. F. "ARGENTINE NATIONAL LINE" lorac for hmm mmnnco eums tats Sport ACONCAGUA 1/2 Feb R| VICTORIA I w VnTl573 words
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Advertisement824 1981-01-30 18 OCEAN SHIPPING ft ENTERPRISES PTE LTD. 529 SANKYO LINE AUSTRALIA SERVICE Smfapore 21 22 Feb P Ketanc 23,?4 Feb toadmf tor: SYD Mfi ADEI JAPAN/STRAITS SERVICE SNGAPOM lEI 2201!44 1 ??013/C K .JMPIW HI 4A4M4 484 SI COWA*** BOOKING OCEAN SUPPING SPORt Hi 22PU4? MAI'S CONTAIN* > AtIANG Hi *34;.824 words
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Page 19 Advertisements
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Advertisement557 1981-01-30 19 L. PIL GROUP EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE KOTA BUANA. KOTA GAJAH. SINGAPORE/CHIITAGONG/RANGOON/SER VICES Singapore 2S/MJan rhuii umuagoog, Miorti SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES IP/0 Fab KOTAMACHAN. SINGAPORE/INOONESIA/SINGAPORE SERVICES KOTA PERWIRA 7/10 Fob JAKARTA KOTA SMOA KOTA PAHLAWAN 5/11 Fab C IRE BON KOTA JADE KOTA BINTANQ 15/11 Fab JAKARTA 3/10557 words
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Advertisement232 1981-01-30 19 K BLUE STAR LINE MS. SINGAPORE NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH A FIJI SUP AUSTRALIA STAR NEW ZEALAND STAR SAILS STORE NEW PLYMOUTH PT CHALMERS HAR MAR MAR APRIL APR! AIW. SPORE AGENTS NUUON SHIPPING232 words
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Advertisement804 1981-01-30 19 1 BEN LINE CONTAINERS EXPRESS com MO SERVICE TO/FROM EUROPE BHkm Rtan J/3 a/i J/J nn 4/2 Ouk* h) 1/J VJ 7/2 Ouka Mr 1/J J/J 2V2 Mq Uprta a/J a/J KMC B'NAVEN ROAM HAVRE SOTON Geraaay/A«tna BenAu France Ml* F Trtfc Eiyrns SaAd bM bM bM faW UM M/804 words
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Advertisement371 1981-01-30 19 r 'K Scan Dutch V B POMA UN B OAMJA I/I I. PIJMCA 11/2 B DMUA 21/2 I POM* 22/2 I DAM.M 4/3 I KMCt 11/3 WUNA -EH S'para 1/2 LOMWK FOB If BOIS 15/3 HULL 2t/3 M.SO MXXfTMC TMK* AM) UNCONTAVEMZAM.E CARGO FOR BBBAO HTM. BREMRHAVIN AM) HAMBURG iVl'LTlki."*371 words
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Advertisement613 1981-01-30 19 BOUSTEAD SHIPPING AGENCIES la BANK LINE FOR REUNON SOUTH AFRICA SMIRRA BANK SINGAPORE 30/3 eto Reunion 11/4 Durbon 16/4 Copetown 23/4 PtEli* 21/4 (also accepting East London and Maputo cargo) Lykes/V Lines U.S. WEST COAST SERVICE Dwtt from SFO I Itch ASHLEY LYKES SU Sid l»/2 BMNTON LYKES 3/2 21/3613 words
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Page 20 Advertisements
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Advertisement866 1981-01-30 20 K line KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA C*fw> jtu acceptable tar Oakland. Vmeaner, ftrttaid. Houston, Galveston. He* Orleans. Boston. St. Ma. PMadeplia. Nortoft. Baßaime Savannah. lacksomNe. TO EUROPE Spore P Ketang I Havre R'dam H burg Bremen Awerp k *am n sadec 0 CHEF 23*866 words
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Advertisement559 1981-01-30 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE l««*« tar LOS ANSEUS. UN FMNCSCO. SEATTU. TACOMA. VANCOUKR. B.C Acceptor FO/ra tmtmmi P KeUnf Smp«or« L Aaftfei -»*SSr }Feb 4Feb 2Mb AUSTRALIA EXPRESS CONTAINER SERVICE Ac capital FCI/FCI Cwtien PMm| Spore Bn IMb AM .Sf4 Ffi PKetant S pott U Feb 12559 words
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Advertisement468 1981-01-30 20 o (.roup SINGAPORE SHIPPING AGENCIES PTE LTD »TH f lOO« OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINE S GENERAL 91JM1 MuNtS TERMINAL OFFICE ??23b83 TELEX «S *****) RS 2SS6B A B CARSHIP CABLE CARGOSHrP ||UI |11l ll||| Hm in •■•II (]»iit:iincr Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK \a\ V/A6.468 words
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Advertisement541 1981-01-30 20 KORINS MARITIME SERVICES >[< Room 60 1 iCB 9u ii<3>ng v\ay Singapore Te! -o~ MIOOLE EfIST/HEO SEA/EUROPE SERVICES X it k r i\ts -iffitw at The Si""* G-ou2 o' Co^w n *i UNER SERVKS PROM HONG KONG TO SINGAPORE «M«n?■ .I? ffs r //»undue Inter prise Co.. I til. v541 words
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Advertisement591 1981-01-30 20 INTRASEA (PTE) LTD Fabe r House 234E HoaG Smqac,oT> 9 Telephone *****1 1 *****5" S>» P. Kataag Paaaog Leodtag tar ALKYONA NBIM M hW BOULOGNE/TDAM/ M(AMH) NOMSMW93 28 Fab 3Mv -db(PTE) LIS 2352CU nowrKii MTDt OVERSEAS *****/2 4RBM4, *****2. UK7I Q ALP AC LINE ALPAC AFRICA V.46 Agwfe: Sagapare MTRASEA591 words
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Page 21 Advertisements
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Advertisement612 1981-01-30 21 I FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): K. JACEJM SW 0. CHEF 23W+ N. JADE IN HK CONTAfO 24W. C. COIITWER 10N... S S BRDGE 30N N. GARfCT 41V Containers Feedered to/from F'stowe Also accepting cargo to/from Scandinavia -1-0. CHIEF S'pore Closing Times: FCI Cargo LCL Cargo612 words
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Advertisement346 1981-01-30 21 MALDIVE LINES ETA FT A. ETA SPORE KUANTAN PORT KELAN6 MALDIVE NEWBOUR 15/2 Loading For Dubai/Bahrain/ Dammam MALDIVE PEACE 20/2 Loading for Dubai/Damman Kuwait MALDIVE AMBASSADOR Sailed Loading for Dubai/Bahrain MALDIVE PIONEER 10/2 Loading For Jeddah MALDIVE MPORTER 15/2 Loading For Male MALDIVE PROGRESS 15/2 Loading For Khorftakan/Dubai/ Abu Dhabi/Oamman346 words
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Advertisement289 1981-01-30 21 m.v. "CHIDAMBARAM" VOV: 142 arrived 9tk Juiary, IMI. at PJS..4. Gii«w» Nn.4! U General Survey of damaged cargo ex the above vessel will be held on Tuesday 3rd February. 1981. from 9.00 a.m. to 5.00 p.m. NOTICES No further survey will be held after this date Agtato:R. Jl MABHOY I289 words
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Page 22 Advertisements
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Advertisement305 1981-01-30 22 A ANTOLL LINES Direct B Is to Adelaide Melbourne Sydney Brisbane Independent FCI Container Conventional liner Service SINGAPORE L N SHIPPING Pit I ID 1401 5 Rotwia House Shenton INa» Singapore 0106 Tli RS 2101 Tel *****11 B*gs *****4] •VfST MALAYSIA HSH (Mi Sdn BhO HL Tel *****3 *****7 Pt305 words
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Advertisement353 1981-01-30 22 OPRACHT (MALAYSIA) Pracht SDN. BHD. REGULAR INDEPENDENT CONSOLIDATION TO I THE I FOLLOWING PORTS:VESSCLS ETA PORT KELANG LOADING FOR 4/2, 21/2, 2/3, 2 J/3 Colombo, Bomboy, Karachi 31/1,6/2,9/2,15/2 Hang Kong, Taiwan, Morula 18/2, 22/2 Jakarta, Tokyo, Yokohomo, Kobe 31/1, 4/2, 7/2, 13/2. 17/2, 19/2, 27/2 UK, Europ« 19/2, 27/2 UK,353 words
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Advertisement162 1981-01-30 22 Un.'oa, 7 Fipresi «V> s 4-ui t di! M„ a, va *> cept iq Ht-av ,i 't jp ;o id ton riTi SHIPPING 1 TRADING SDN BHD Bangladesh Shipping Agency Pte Ltd A|«ats if Bangladesh Shipping Corporation 1 Sport P Ketang Penang Loading for: BANGLAR HALLOL" 4/5 Fet Owttagong "A162 words
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Advertisement264 1981-01-30 22 k m KARLANDCR (AUSTRALIA) PTY. LTD. ivwi tt M m East mmkmm pvts From Australia: iaa SvdMv S oorc P Rcinv KVOSQIIMUVU. 11/13 Fat 14/lsFafc KYOTEN MMU ¥59 *i» tan H/Uftk 3/4 Mar TBNVtt KFab 2 Mar 24/25 Mar */27 Mar To Australia: Spore PKcUnt IMb SyOwy Mai Krotan Mara264 words
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Advertisement331 1981-01-30 22 ■«Pl OCEAN LINES OCEAN GLORY VIONB REGULAR NON CONFERENCE SERVICES MEDITEMANEAN SEA SERVICE S psrt P Um| Pmmi Laa*n| to P»t Sart/Linaaai/MeiMtaa Pfraaw/Babtf/Lattabia/Rtafca OWED VESSELS SAGASIA PTE LTD. (LOUS DREYFUS GROyP Of COMPANIES) '1* 22K2K (5 Um) IBB: B 2MM SOI t RELMS fjD SVNttnM la: 3WU/S HUM LM TIN331 words
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Page 22 Miscellaneous
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Miscellaneous141 1981-01-30 22 fi 4 I'J» vN X... Tm m s> V I v a -if t I LL^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND? R Thunderstorm Shower Rain Cloudy Sky One mil circle I—One full Heche Wave heights la aalti Temperature Weather c -A Wind direction with141 words
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